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CSPAN
Dec 29, 2012 7:00am EST
that would let taxes rise on the wealthiest households while protecting the vast majority of americans from tax hikes set to hit in january. welcome to the saturday edition of "and the washington journal." for the first 45 minutes of the program we are going to be talking about senate negotiating a fiscal clifts deal, what has been going on on that half of the capital. see what they are talking about and how things are going. we want to get your input and your part of the conversation. you can reach out to us on twitter. facebook, facebook.com/cspan. and you can send us an e-mail. this is more from the article, the lead story in "the washington post." they ride, the development marked a breakthrough after weeks of paralysis. joining us by phone is one of the authors of that article, and, laurie, welcome to the program. tell us, what kind of a deal did the president offered? what is new in the negotiations among the senators and between the senators and the white house? caller: there does not appear to be anything new. the policies they are talking about are the senate has been on the table
CNN
Dec 30, 2012 9:00am PST
'm arguing for maintaining tax cuts for 98% of americans. i don't think anybody would consider that some liberal left wing agenda. that used to be considered a republican mainstream agenda. >> joining me senator olympia sn snowe of maine. let me start with that. it does seem sort of counter intuitive to have republicans wanting to fight for tax hikes for no one and in that fight, being willing to allow tax hikes for everyone? >> you know, i would agree with that. obviously it is important to make sure that middle income america does not confront a tax increase at the beginning of next year, which is less than two days away. that is critical. the second part is, of course, is trying to address the spending cuts that are going to be crucial next year as well. more for the long-term debt reduction that i think republicans are talking about, but the bottom line is, we should pass this tax extension for middle income america before we adjourn this year. >> and what is -- what do you -- where do you think this will land? as we understand it now, there is still a difference of opinion, about wh
MSNBC
Dec 30, 2012 5:00pm PST
that they agree that it is important now to keep taxes from going up on most people and accept the reality that they will go up by the top 1 pshgs 2%, 250,000 in income and above. and it does look, to me, that there are enough votes if senator reid puts that on the floor for it to break the 60. but the republican probably going to filibuster it. >> even at 250,000, not 400 or 500, other numbers that have been floated? >> those are the compromise numbers. that's an effort by the president and senator reid to bring the republicans along. but senator reid said his preference is 250,000, which i agree with, by the way. what we're talking about is 4.6% increase in taxes. that means if you're making 250,000 ayear for every additional 1,000 you'll pay $46. the notion of paying $46 out of 1,000 for wealthy people has any negative affect on anybody, i confirmed this talking to one of wealthiest men of boston, i asked if we were to raise taxes by that amount on him would he know it if his accountant didn't make a point of telling him. he said of course not. but in any case the 400 is an effort to ha
MSNBC
Dec 31, 2012 9:00am PST
in on a tax rate compromise in the region of a $450,000 to $550,000 threshold. a higher rate than the president's earlier compromise as well as an agreement on the estate tax. sticking points remain. president obama seemed resigned to going over the cliff. >> if all else fails, if republicans do, in fact, decide to block it so that taxes on middle class families do, in fact, go up on january 1st, then on january 4th the first bill to be introduced on the floor will be to cut taxes on middle class families. >> and this morning former white house spokesman robert gibbs was even more blunt. >> the republicans simply can't utter the word yes. they cannot utter the word yes. i mean, i feel like it's -- i feel like you're talking to a 5-year-old, and, you know, you're saying, look, you have to eat your vegetables. the 5-year-old says, ah, you know, maybe. i will eat half of them, and you say will you eat a quarter of them? i will eat a quarter of them. >> out of control 5-year-old. still, the senate is back at it today trying to resolve the impasse. while the two sides seem to be nearin
MSNBC
Dec 29, 2012 2:00am PST
and said he was modestly optimistic about a deal on taxes. meeting this the red room, president obama held firm for tax cuts for families making up to $250,000 per year, and joining me on the north lawn of the white house is kristen welker. kristen, let's listen to what the president said about and up or down vote or what he expects from the senate. >> i had a good and constructive discussion here with the leadership about this tax hike on the middle-class. i am optimistic that we can reach an agreement that will be passed in both houses. if an agreement is not reached in time between senator reid and senator mcconnell, then i will urge senator reid to bring to the floor and up or down vote for the floor, and i believe a p proposal could pass both houses with majorities as long as the leaders allow it to actually come to a vote. if members of the house or the senate want to vote no, they can. but we should let everybody vote. >> kristen, this up or down vote seems to be be the big news of the day, and isn't this what the white house wanted all along? >> well, it is. it is prp's way of sayi
FOX News
Dec 29, 2012 11:00am PST
a 20% of gdp to 25% gdp and rather than cut spending raise taxes as necessary to support that spending and i would say that is in fact essentially the french model. and the question is whether it can support enough growth in the economy. >> paul: taxes are going up, we know that, spending, going up for sure even before the health care law kicks in. so, we are moving in that direction, particularly in the entitlement state. not reforming it, but actually expanding it. >> aen what happened this year was the supreme court helping this along, you have the justices essentially rewrite legislation changing the plain text that congress passed in order to declare obamacare constitutional, which is a little scary, that that highest justices in the land would take that sort of activist role and you mentioned france, dan, that's scary. the back drop of this whole presidential year is europe. we know where the path leads. and the turmoil and welfare states and how unsustainability and the high unemployment that comes with them and that was the back drop of our presidential campaign. >> paul: okay,
NBC
Dec 31, 2012 5:00pm EST
done, the tax part. that could get scuttled by the other half, the spending part. john boehner could change his mind, but unless the house speaker does, and allows a vote on the deal still being worked out, america goes off the fiscal cliff. surrounding himself with middle- class americans, president obama had sounded off this afternoon. >> it appears that an agreement to prevent this new year's tax hike is within sight, but it is not done. >> sources say taxes would rise on income over $500,000, which the president sees as a big win for him. >> just last month, republicans in congress said they would never agree to raise tax rates on the wealthiest americans. obviously the agreement that is currently being done would raise those rates and raise them permanently. >> some democrats did not applaud. agreedid the president's to raise rates on those making over $250,000, not four hundred thousand dollars. >> democrats won a two-year postponement, with costs covered by new tax hike. the president scoffed at republican demands for deeper spending cuts. >> shove spending cuts at us. >
CNN
Dec 31, 2012 2:00am PST
the euro. new leadership, pay cuts, higher taxes as their weary government begs for more cash. committing to save the euro. it lives on, but for how long? >> the deadliest month to date as the assad regime intensified its air power. >> how much longer can this man hold on to power? bashar al assad was under even more intense pressure to step down but his regime stepped up the fire power against the opposition, civilians caught in the crossfire, more than 40,000 people have died so far. >> reporter: this is yet another bread line. >> the opposition fights on, making more dramatic gains than ever and gaining pledges of support from the international community. number one, she fought back from the brink of death after being attacked on a school bus. the taliban shot malala yousafzai. she survived, wake up in a british hospital and, according to her father, immediately asked for her school books. the world was gripped, moved and inspired by the story of one determined young girl facing down an entire network of armed militants and winning. zain verjee, cnn, london. >>> next, the stories that
MSNBC
Dec 31, 2012 4:00pm PST
will be raised over the next decade through a series of raises on taxes for the wealthiest americans. and those rates would also carry over for couples making under 450,000. any income above those two numbers would be taxed at 39.6 pnt. the top tax rate under president clinton. and capital gains taxes above those amounts would be increased to 20%, that is up from 15%. this tax deal would also create a perm naanent fix for the alternative minimum tax and extend unemployment insurance for 2 million americans. the president made it clear what his top priority is in any deal. >> preventing that tax hike has been my top priority. because the last thing folks like the folks up here on the stage can afford right now is to pay an extra $2,000 in taxes next year. middle class families can't afford it. businesses can't afford it. our economy can't afford it. >> just an hour later, senate minority leader mitch mcconnell signalled his agreement with the president. >> so i agree, let's pass the tax relief portion now. let's take what's been agreed to and get moving. we all want to protect tax pairs and we c
CBS
Dec 31, 2012 6:00pm EST
-- more than $600 million in tax hikes and spending cuts begin taking effect tomorrow. in the meantime, senate republicans and the white house continue working on a possible deal. . >> are running out of time. americans are still threatened with a tax hike in just a few hours. >> new year's eve morning at the capitol began with a warning from senate majority leader harry reid. after a long weekend dush -- weekend of tense negotiations vice president joe biden had spent sunday dealing directly with the senate's republican minority leader mitch mcconnell. and those contacts continued today. by early this afternoon amid reports of progress, president obama emerged in a campaign style setting. >> today it appears that an agreement to prevent this new year's tax hike is within sight. but it's to the done. there are still issues left to resolve. but we're hopeful that congress can get it done. but it's not done. >> it was widely reported that the deal would include making the bush era tax cuts permanent for families with incomes under $450,000 a year. for households making more than that amo
PBS
Dec 31, 2012 3:00pm PST
than $600 million in tax hikes and spending cuts begin taking effect tomorrow. in the meantime, senate republicans and the white house continue working on a possible deal. . >> are running out of time. americans are still threatened with a tax hike in just a few hours. >> new year's eve morning at the capitol began with a warning from senate majority leader harry reid. after a long weekend dush -- weekend of tense negotiations vice president joe biden had spent sunday dealing directly with the senate's republican minority leader mitch mcconnell. and those contacts continued today. by early this afternoon amid reports of progress, president obama emerged in a campaign style setting. >> today it appears that an agreement to prevent this new year's tax hike is within sight. but it's to the done. there are still issues left to resolve. but we're hopeful that congress can get it done. but it's not done. >> it was widely reported that the deal would include making the bush era tax cuts permanent for families with incomes under $450,000 a year. for households making more than that amount, rat
FOX News
Dec 29, 2012 8:00pm PST
they arote negotiating. coming up with ways to prevent tax hikes and spending cuts if no deal is reached before then. mitch mcconnell telling us they have been going back and forth all day and talks are continuing into the evening. no major progress though yet to report. and that is how fox reports on this saturday, december 29th. i'mm harris falkner. tomorrow, tune in for a specialal two-hour fox report as the fiscal cliff deadline nears on the eve of the last stock market day of theae year. we will be all over it with deadlines and they are trying to get a vote, something together. "huckabee" starts now. >> this week on the journal editorial report. a look back at the year that was and what is ahead for 2013. 2012 was a tough year for conservatives on the national level, but in the states, some hopeful signs of reform, and looking forward, is the economy headed for rebound orie session? will the new year bring a with iran? our panel is here with their prediction. >>> welcome to this special edition of "the journal editorial report" as we look back at the year that was and the challenge
MSNBC
Dec 27, 2012 3:00pm PST
their taxes go up. the news comes after a conference call that mr. boehner held with gop house members, telling them to return to washington this sunday. but just because they're coming back doesn't mean they're looking to play nice. today, senator harry reid blasted the speaker for refusing to even vote on a democratic plan that would protect 98% of americans. >> everyone knows that if they had brought up the house -- i'm sorry, the senate-passed bill that would give relief to everyone making less than $250,000 a year, it would pass overwhelmingly. it's being operated with a dictatorship of the speaker. >> a dictatorship of the speaker. and here's house speaker boehner office responded. senator reid should talk less and legislate more. legislate more? what legislation has speaker boehner been working on while on vacation? while we're about to go over the cliff, the gop has been pointing fingers at the president. one gop aide says talks have failed because "the president made a strategic miscalculation and overreached. he picked a fight." picked a fight? sorry, that's not going to fly.
FOX Business
Dec 27, 2012 9:20am EST
.o.p. that they should not stand in the way of a last minute deal on the fiscal cliff, democrats demanding higher tax rates on the so-called wealthy. joining us now is former investment banker carol roth. a, it seems like a total standoff and b, seems like we're headed over that cliff, it looks like it. here is the question for you, carol, if we go over the that cliff what happens to the markets? >> well, stuart, i think if we go over the cliff, the markets are going to react negatively, they reacted negatively the last time we revisited the debt ceiling for tarp, so, i don't think that the markets are going to be particularly happy, but i don't know that it's necessarily for the right reasonss i to think that we're going to get a deal here, but i think it's going to end up happening late january, maybe middle of january, but at the end. day, stuart, it doesn't solve any of our problems. stuart: i agree, i agree. >> and i'm so frustrated that we're 13 months in, we've had 13 months to figure it out and we're at the 11th hour. stuart: everybody is. the mood of the country, furious nothing is happening
CNN
Dec 26, 2012 2:00am PST
with just 36 days to go until tax increases kick, in the white house and congress are playing a high stakes game of let's make a deal. >> only in america believes there has to be this what i believe to be really farcical now surely -- the nature of the world is very fast moving, america has huge economic problems, heading for another fiscal cliff, everyone laughing at you from afar, the american public sick and tired of all the games going on and there are you, grover norquist, a very bright guy still resolutely saying a pledge is a pledge is a pledge, it cannot be broken when many of your own party are now saying you know, what it doesn't make sense to have this irresolute position anymore. >> two things, the pledge is not for life. but everybody who signed the pledge, including peter king, who tried to weasel out of it -- shame on him as the "new york sun" says tonight. i hope his wife understands commitments last a little longer than two years or something. >> whoa, hang on, hang on. that was a bit below the belt, grover. >> hey, if you think a commitment is not for as long as you make i
NBC
Dec 30, 2012 6:00am EST
cliff. both the house and senate will be in session this sunday to prevent tax hikes and spending cuts that could go into effect on tuesday, and we could see a vote as early as today. but even so there are not any indications that lawmakers have a plan in the works to sign a deal before the deadline. kristin welker has more on the gridlock and the nationwide frustration it's causing. >>> they are trying to hammer out a last-minute deal. president obama pushed lawmakers to act. >> we cannot let washington politics gets in the way of america's progress. >> and they called on them to reach a prau phaoeuz or allow a vote on his plan that would among other things raise taxes on those making $250,000. >> i believe it could pass both houses as long as these leaders allow it to come to a vote. >> roy blunt delivered the republican spaupbs. >> the president's proposal to raise taxes on the top 2% of the americans will not even pay the interest on the trillion-dollar debt. >> and there is a plan that could include extending unemployment insurance benefits, and allowing tax rates to increase on t
PBS
Dec 27, 2012 6:30pm PST
-called fiscal cliff, taxes and spending cuts unless democrats and republicans reach a deal by new year's eve. >> nearly all the major players in those negotiations are starting to agree on one thing, and that is that a deal is virtually impossible by that deadline. senior officials say there is little hope of a grand bargain to shave trillions of dollars off of america's mountain of debt. >> applause for the bell at the start of the trading day is a daily ritual at the new york stock exchange, despite the enthusiasm, traders are keeping an anxious eye on share prices. the fiscal cliff is on everyone's mind. u.s. treasury secretary timothy geithner has warned that his department will need to take extraordinary measures to postpone the upcoming government defaults. he plans adjustments to the national budget that would give the u.s. two months of grace. president barack obama has said he is still hopeful that a resolution can be reached this year. he cut short his vacation in hawaii to restart negotiations with republicans in congress. before christmas, the president called for bipartisan coop
PBS
Dec 30, 2012 6:00pm PST
by health insurance. >> the year of the cliffhanger. >> raising tax rates is unacceptable. >> natural disasters. >> like the apocalypse. >> and human tragedies. >> saying someone is shooting in the auditorium. >> political fumbles. >> 5 seconds before you interrupted me. >> and shoppers. >> the seriousness of having a cia director involved in an extramarital affair cannot be overplayed. >> all right, as we look back, let's begin with the top political story of the year -- the freight -- the reelection of barack obama. as "time" magazine plus a cover story states, barack obama will be the first democrat in more than 75 years to win a majority of the popular vote twice. mitt romney has to be asking himself, giving the magnitude of the president's problems and the great numbers of americans who believe the country was headed in the wrong direction, "how did i lose?" as the republican national convention, a vermont couple took the stage to describe how mitt romney helped their terminally ill son settle his affairs, but their story never meant it to tv. instead, the voters saw this. >> wha
PBS
Dec 28, 2012 8:00pm PST
. and now the president has maximum leverage because the tax cuts are due to expire by the end of the year. mitch mcconnell said he was hopeful and optimistic that they could get a deal that they could pass. the reason that that could happen if mitch mcconnell lets it happen, john boehner may feel no option but to put that on the floor for pass adge whether or not most republicans are for it. that would be the realization of that -- >> wouldn't that violate the principle that would have govern the policy that nothing wowlingd pass unless the yort of the majority support it. >> it would violate the principle. some democrats think that mitch mcconnell is ready to force john boehner's hand. we know the republicans are going to lose the fight of taxes because tax rates are going to go up for every -- the only question is how many people they go up for. so if you already know what the outcome is going to be, the question is how much punishment do they want to take? it is possible that they would wait after january 1. they could say we're going to cut taxes now instead of vote to allow them to g
CNN
Dec 27, 2012 1:00pm PST
was to show the american people that the $250,000 ceiling on raising taxes wouldn't pass in the house. why didn't they have that vote? because it would have passed. they wanted to kill it. the speaker wanted to show everybody that it wouldn't pass the house. but he couldn't bring it up for vote because it wouldn't pass. republicans -- a myriad of republicans think it's the fair thing to do and of course every democrat would vote for that. the republican leader finds himself frustrated that the president has called on him to help address the fiscal cliff. he's upset because, quote, the phone never rang. he complains that i have not passed the resolution to pass the fiscal cliff but he's in error. we all know that in july of this year we passed in the senate the relief that would give -- that would give to middle class americans. that passed the senate. now, we know that republicans have buried themselves in procedural road blocks, everything we try to do around here. and now they are saying, well, we can't do the 250 because it wasn't blue-slipped, because it will be blue-slipped. mr. presi
FOX
Dec 27, 2012 4:30am PST
of negotiating a deal with republicans and the deal was to make tax cuts for the wealthy and raising taxes among the rich. the treasury announced they will resore to using a program to help sustain their money. they will look to borrowing where the government defaults on their debt. >>> former president bush remains alert talking with medical staff. former president bush was in the hospital since last monday for complications related to bronchitis. >> we are hoping the medicine and treatments can help him turn things around. >> the former president has a high fever and is now on a liquid only diet. his former florida governor and son have all been frequent visitors. >>> they came after 14 million vehicles came. they say the value of the cars fell sharply after the recalls. a judge must still approve the settlement. >>> how are things looking tara >> so far so good, let's take a live look at the east shore freeway and traffic is moving very nicely there. folks are headed towards berkeley, no delay. you can see traffic is flowing nicely into san francisco and traffic is moving well in both directi
NBC
Dec 30, 2012 5:00am EST
to raise taxes on the top 2% of americans won't pay a third of the annual interest owed on the massive $16 trillion debt. >> in the political cliffhanger, sources close to the talk say harry reid and mitch mcconnell are drafting a stop gap plan that could include extending unemployment benefits and allowing tax rates to increase on the wealthiest americans but this issue is a sticking point, with many republicans resisting any tax increase at all. economists say the last-minute process calls into question washington's ability to deal with the hard issues of tax reform and deficit reduction. >> the prospects for the economy are incredibly dim until we put in place a bigger deal and put certainty into the economy. >> americans watched with worry and frustration. >> i think they're all failing us a great deal and i'm so sick and tire of them fighting. >> it's the equivalent of worrying about your mortgage after you're homeless. >> it's sad. >> we do want to remind you that president obama will be david gregory's exclusive guest on "meet the press" this morning. you can catch his interview on
MSNBC
Dec 24, 2012 4:00am PST
of a bully pulpit for the president and for his position on taxes. but i think the biggest story of the year came at the end of the year in the past week or so which is the massacre at sandy hook elementary school in newtown and i think the presidency now might be shaped by those events and those are the stories that both barnicle and andrea have chose n as the top story. would you agree this could be a signature for the second term? >> i to do. i do agree with that. i think the events of a few days ago in newtown, connecticut, will help shape a good portion of the president's second and final term in office. i think it gives us a huge impe it tus to changes in this country that had had taken too long to take hold. i think the presidency itself, i think the man himself was shaped and altered by these events, both as a parent and as a president. >> andrea? >> let me just say that joe califano in the aftermath for some calls to action has written about what lbj said to him right after robert kennedy was killed. lbj called in joe and the other top aides in white house and said, we have to act w
MSNBC
Dec 28, 2012 7:00pm PST
people see your tax returns, 12 years, which his father did, all that stuff. and so mitt romney having lived his life, built his life, to be able to do this, run his campaign is now at home tonight with his tax returns. he is the biggest loser in america. karen finney, biggest loser. >> biggest loser, anybody who was taking their cues from the mitt romney campaign's polls in that last couple of weeks and was out there talking about 300 electoral votes, that was really fun. >> joy? >> it was close, paul ryan, being associated with the biggest loser is almost as bad as being the loser. >> and history, you could go nowhere. >> this time, it was a tie between him and rupert murdoch. his entire news was exposed, fox news was literally exposed on election night. their entire narrative on election night was false, you had the phone-hacking scandal, so he is just a mess right now, a tie, slight edge over ryan. >> the biggest loser, a long-time coming. when i first started to work for senator cantwell, and people discussed things, saying you can't do that because of "the pledge." i didn't know
LINKTV
Dec 31, 2012 8:00am PST
that on balance the budget for another 20 years. his plan is about massive tax cuts for wealthy people, multinational corporations, and the beginning of a redistribution of federal spending, from funding programs like medicare, medicaid, social security, into wall street and insurance companies. he wants to make abortion illegal in all cases. he has signed on to the personhood bill, which we're concerned will have implications for in vitro fertilization, different kinds of birth control. it is an extreme measure that has been defeated. in mississippi, one of the proposed conservative state in the country -- and this is something that congressman ryan thinks is a good policy for the country. >> a shooting near texas a&m university on monday have left three people dead, including the gun man and wounding four others, one seriously. the shooter was a 35-year-ol the catholic constable who had come to his home to serve him with an eviction notice. >> today we have received from the united kingdom a clear and written threat that they could storm our embassy in london. >> the government of ec
CSPAN
Dec 30, 2012 11:00am EST
kept you from talk about low taxes or free markets was being described as being cold, as evil. the dad that never hugged you. that's the biggest of all liberalism is he was the dad who never hugged you. he didn't hate the poor. the aid the poor. -- he aid the poor. a consequence of this, republicans have always had to do this and we don't really fight back. we assume we are cold and we don't know what to do about it except continuing make the economy work why we let the liberals destroyed and we come in every few years and fix it. but right now -- common sense, common sense is viewed as intolerant. the nicest thing that you can see somebody, no matter who it is used to job. the nicest thing you can say. when you're walking down the street and there's a guy panhandling and you say get a job, you are complimenting him. you are saying that you have the will and the means to get a job. but now these days if you say that, you are seen as mean and intolerant. you assume people have the power to act of their own pollution. that is where we're at now, that we can't take ever sells. use of a pe
MSNBC
Dec 26, 2012 3:00am PST
economic story from 2012? from the u.s. debt ceiling crisis to the debate over taxes, the recovering auto industry to fears over outsourcing. the economy was a huge driver of the conversation this year. and one of our most compelling discussions was with harvard business school professor, michael porter, whose new project aims to help american companies compete on the global stage. >> michael porter still teaches, he's, like, iconic. but i'm, like, a little person. he's a big deal. so now i'm at the table with him. >> professor. >> this is, like, wow! >> you wept to harvard business school? i would have never guessed. >> i know. >> keep it low. keep it low. >> not that there's anything wrong. not that there's anything wrong. >> yeah. very good to have you. >> on u.s. competitiveness, where do you come down on this? >> well, gosh, i hate to be -- >> you're going to be debbie downer, aren't you? >> -- off cycle, but this issue is actually way down the list in terms of the problems facing the american economy. harvard business school took on, about a year ago, a major initiative to really ta
CSPAN
Dec 28, 2012 6:00am EST
and talked about negotiations surrounding the tax hikes and automatic spending cuts scheduled to take effect in a few days. this is about 5 minutes -- 15 minutes. >> madam president, you'll excuse me if i'm a little frustrated at the situation we find ourselves in, but last night president obama called myself and the speaker and maybe others from hawaii and asked if there was something we could do to avoid the fiscal cliff. i say i'm a little frustrated, because we've been asking the president and the democrats to work with us on a bipartisan agreement for months, literallye for months. a plan that would simplify theod tax code, shrink the deficit, protect the taxpayers and grow the economy. but democrats consistently rejected those offers. the president chose instead to spend his time on the campaign trail. reelected. and congressional democrats sat on theirel hands. now republicans have bent over backwards. we stepped way, way out of our comfort zone. we wanted an agreement. w but we had no takers. but the phone never rang, and so now here we are five days from the new year, and we might f
CSPAN
Dec 28, 2012 11:00pm EST
't think said people exist in the republican party. listen, the answer is grover norquist no new tax pledge. that alone would free the republican party to engage in good faith, sensitive negotiations. everybody knows that our taxes are now at an historic low in the contemporary era and they're going to go out sort of naturally. and with the aging of the population, i guarantee you will be somewhere around 22% gdp. wouldn't it be nice if we could acknowledge that and say what's the most bowl, efficient way to structure a tax system, probably progressive consumption tax direct it in ways to accomplish a whole host of object is. as long as you have that pledge to which members signed, it's hopeless. the republican party cannot be a player in any constructive resolution of the problems confronting the country. there is no political space for a third-party to occupy. it's based on a presumption. we have two extreme parties and there's this great center to mobilize and i'm deeply skeptical that there's room for such a party and would really play a constructive role. is it going to get worse than
FOX News
Dec 29, 2012 12:00pm PST
sued. then he turned around and found it constitutional under the government's taxing power even though the plain language of the law said it wasn't a tax. justice roberts was clearly looking for any rational to uphold the law. he probably believes he was protecting the reputation of the court but in the process he made the court look more political and he hurt his own reputation and ultimately the courts, too. remember if you have own hit or miss, please send it to us at foxnews.com and follow us on twitter at jer at f&c. thanks for watching. happy new year. we hope tosue right here next week. >> jon: on the panel. fox news contributor, judy miller, rich grenell that served for four ambassadors and jim pinkerton and fox news political analyst. juan williams. i'm jon scott. fox news watch is on right now. >> we can now definitively say that president barack obama will be re-elected, mitt romney will come up a loser in this race. >> jon: the billing media story of the year, the presidential election. that was how it ended. barack obama beating mitt romney and an end to a bitter se
ABC
Dec 30, 2012 9:00am EST
proposals the raise taxes on the ridge. it is 8 cents on the dollar. it is a trivial amount money, and he has never put any political capital in entitlemement reform. you talk aut it here or there. never invested in the capital in it. >> i think we have a difference of opinion here. >> if it is such a trivial amount, then why the squealing the yelli, the hurt feelings? all of these plutocrats, my goodness gracious. i will say this -- right now, he is absolutely right. all the political advantage is with the president but if this ththing comes to a complete hal and falls,s, then there will be political blame across the board, and it will undermine all public confidence in the public sector. >> all political advantages with the preresident? what is he running for? he won this is his timime to take some political hits and tell the truth for a cnge instead of trying to get political advantage. >> all right, a lookt war >> this time of war began in afghantan, and this is ere it will end. >> afghaniststan is now the nation's longest war. more than 2000 americans have died in fighting it. in 201
CSPAN
Dec 26, 2012 11:00pm EST
, and the death penalty for juvenile offenders. the taxes that people could no longer be thrown in prison for having consensual that. they saved affirmative-action in the famous case from michigan law school. case after case reject the bush administration position on guantÁnamo bay and treatment of the detainees there. so why did the court of last? well, the court move left because sandra day o'connor grew more and more alienated from the modern republican party. she didn't like john ashcroft. she did not warrant here has been connect it. she didn't like the way the war in iraq was being conducted and above all, she was alienated by something that doesn't get talked about a lot now, but the one very large in the history of our country. not just the supreme court. and this terry schiavo case. the terry schiavo case had a big impact on justice o'connor summoned the police and judicial independence, the summit dealing, although many people didn't know at the time come with dissent ever has been alzheimer's disease. the idea of medical decision-making for a critically alpert was not just an
CSPAN
Dec 24, 2012 1:30pm EST
which i'm not in favor personally of cap and trade, i think a carbon tax might be a better policy, but cap and trade is not something that i think is a good idea. that was the main thrust of their climate change legislation that barely passed the house, 219-212. it was so unpopular in the senate that they didn't even take it up, okay? joe manchin had my -- he's a senator from west virginia, very famously took the cap and trade bill and tacked it to a tree -- he's a democrat -- and he shot it with a rifle. [laughter] so that pretty much killed the legislation. i mean, he literally killed the legislation. so that's, so that's why that didn't go on in the senate. also even though we have now let the ethanol sub subsidy for corn expire, we have not waifed the ethanol -- waived the ethanol mandate for fuel. so still your gasoline has to have 15% ethanol blended into it. that is a horrible idea. it's a horrible policy. the reason is because there's people on the other side of the world right now who don't have food, and when we're diverting our corn to make gas for our cars, people on t
CNN
Dec 27, 2012 2:00am PST
. it moved the tax hike needle to $400,000 per household. no word yet on when the house might come back with time ticking away. democrats are hoping that a scaled back plan could get through the house, senate and white house before that big ball drops on 2013. that would be sometime on december 30th or even on new years eve. we want to bring in jonathan allen. he's a senior national correspondent for politico. the top headline on politico is fiscal cliff deal increasingly unlikely. i think a lot of people are feeling that pessimism right now. what are you hearing? >> well, i think what you've got here, alena, is a nash equilibrium to borrow from economic theory and game theory. each of the players believe they are pursuing their optimal strategies given the strategies of the other players and there's no reason to change it. i think as observers of this, the american public, you can say there's a real reason to change it. in terms of the politicians, i think they're pursuing their best strategy right now and that leads us toward that cliff. unless something changes in the next couple of
CSPAN
Dec 26, 2012 10:00am EST
from the automatic spending cuts that go into effect in january and deal with a saner tax system. we can follow a framework as recommended by the simpson- bowles commission that will allow us to protect benefits but will also make some of the tough choices that kelly was talking about. i think we have to put everything on the table for that kind of a deal. we have to look at revenues. we have to look of the domestic side of the budget. we of the look of the defense -- we have to look at the defense side. and we have to look at the mandatory program. i think we do have to make some tough choices. but i also believe that getting that done will provide tremendous certainty for businesses in this country, for families so they know what we are expecting. and that that will really give our economy a shot in the arm, and get money off the sidelines and allow business to invest in with that creates jobs. that is what we need to do for the future. now, the other party that i have been working on and that we have made some progress but we will continue is the country's energy policy. my focus
FOX
Dec 26, 2012 5:00am PST
. >> reporter: brian is congress does not act taxes will go up on all americans next tuesday. they are scheduled to get back to work for tomorrow morning which is when president barack obama's flight returns from hawaii but many are pest mystic he will reach -- pessimist particular they will reach the deadline. it is the republican controlled householding out. house speaker john boehner wants increase for those making only 1 million a year. they say it's more likely we will go over the cliff than not. >> if we allow that to happen it will be the most colossal consequential act of congressional you are responsibility in a long time. >> reporter: some republicans are saying president barack obama will actually get his way if a fiscal cliff is not reached before the deadline, kyle la campbell, washington d.c. newsroom. >>> and in general delegations are not as crowded as the first ones. as many as 800,000 are expected to be there for the president's 21st inauguration and that's less than those who flooded the area in 2009. >>> it should be much better and governor brown wants to overhaul the state'
CSPAN
Dec 26, 2012 1:00am EST
aimed at one thing -- to create a economy in which we have a vital middle-class and our tax policy reflects that as well. opportunity is broadly available. i think that is solidly in the mainstream of the democratic party. we can have a debate about means of achieving that, and i think we have to do some soul- searching about how in the 21st century we achieve those goals, and whether all the avenues and pathways that made sense 50 and 60 and 70 years ago are still valid today. many of them may be -- some may not. on the fundamental goals, he is solidly in the position of the democratic party, solidly progressive. i think that is a lot of what the election was about. >> in this election it has been observed that much of the advertising was predominantly negative. i would like to ask -- i know both sides of campaigns engaged in this. including an obama at that scene to insinuate that a woman -- bain as responsible for a woman losing her insurance and somehow causing her death. ads like that seem to degrade the whole political process. i wanted your comments on negative advertising.
CSPAN
Dec 25, 2012 1:00am EST
. provided knows the poll tax -- everybody knows the poll tax. he voted against the civil rights bill. he was opposed to the ways it was being done. the congress was going to step in and say you cannot use the poll tax. byrd said do it right. eventually it was rejected. byrd voted for it. two years later, congress comes back with a constitutional amendment and byrd voted for it. he voted for it once they did it right with a constitutional amendment. he filibustered, it is true. there was a 14 hour filibuster. not one racial word in the whole thing. read through the thing. "let's make this thing right and i can support it." racist. read throughout the filibuster. there is not one racial thing. the whole thing is basically constitutional law. he was disagreeing with the way it was being done. this was about literacy tests. here he is talking abouthe opposed them on that measure. it proposes two different ways to do this constitutionally. that is what is left out. congress could do that. and that would be done. he voted against that bill because of the constitutional concerns. he voted for t
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